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Marvell Technology Stock Is Tumbling Thursday: What's Going On?
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Nvidia’s stock selloff deepens after Marvell earnings: ‘Boy, sentiment is rough.’
MRVL Earnings: Marvell Technology’s Stock Plunges 15% on Inline Results and Guidance
Marvell Technology’s (MRVL) stock is down 15% after the company posted financial results that were only slightly better than Wall Street
US stocks lose their footing at the open as tariff and AI worries take hold again. Marvell Technology sees a slowdown in data center business.
Shares of Marvell Technology (MRVL 2.05%), which makes semiconductors for the data infrastructure market, dropped 14.9% in Wednesday's after-hours trading session following the co
The strong results helped to ease concerns about beaten-down AI stocks, which surfaced yesterday after fellow chipmaker Marvell Technology Inc. only just delivered to expectations and fell sharply Thursday morning.
Key Takeaways U.S. equities dipped at midday as confusion over the new tariffs by President Donald Trump led to market uncertainty.Artificial intelligence chip shares tumbled following Marvell Technology's results.
Semiconductor stock Marvell Technology Inc (NASDAQ:MRVL) is up 2.7% to trade at $88.13 at last glance, brushing off today's headwinds, though it was earlier on track for its seventh loss in nine days.
Marvell stock is getting crushed after posting its Q4 results yesterday. Sales, earnings, and guidance actually beat the average Wall Street targets. But investors apparently wanted bigger performance beats in order to support the stock's valuation amid wider risk factors.
Loop Capital Upgrades Marvell Technology (MRVL)
What's Going On With Marvell Technology (MRVL) Stock?
Marvell Technology shares are trading lower by 2.7% during Thursday's session. The stock is trading lower following Nvidia's strong earnings report.
Marvell (MRVL): New Buy Recommendation for This Technology Giant
In a report released yesterday, Mark Lipacis from Evercore ISI maintained a Buy rating on Marvell (MRVL – Research Report), with a price target
Nvidia (NVDA) stock fell 5.7% on Thursday, bringing its decline this year to more than 17% amid concerns about declines in spending on AI, amid a general selloff in that took the tech-centered Nasdaq 100 down 2.
Uncertainty about the impact of new U.S. tariffs weighed on stocks, along with worries about tightening chip export curbs, and competition from China as Alibaba unveiled its latest AI reasoning model, which it said rivals offerings from DeepSeek and ChatGPT maker OpenAI. Alibaba shares climbed about 1%.
Marvell Technology's shares closed down 19.8%, marking their worst day in more than two decades and weighing on rival chipmakers' stocks on Thursday, after an in-line revenue forecast gave investors another reason to be jittery about spending on AI infrastructure as a years-long rally shows signs of cooling.
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The AI chipmaker offered an upbeat second-quarter outlook that was a silver lining in the otherwise downtrodden AI trade.
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